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Money & Banking - Short Term Instruments
Call rates down at 6.35- 6.45 pc

Our Bureau

Mumbai, Oct 12

Call rates were at 6.35-6.45 per cent against Wednesday's 6.40-6.50 per cent. In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted eight bids amounting to Rs 16,210 crore. In the second such auction, 19 bids for Rs 8,940 crore were received and accepted. The CBLO market saw 316 trades amounting to Rs 18,636.55 crore in the 5.50-6.35 per cent range.

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